2 min read · 23 March 2010
2 min read · 23 March 2010
Sandow Media, a portfolio company of Veronis Suhler Stevenson, has acquired a portfolio of Reed Business Information publications that serve the residential/commercial design, home furnishings and accessories industries. No financial terms were disclosed for the deal, which includes Interior Design magazine and the Furniture Today group of publications.
3 min read · 23 March 2010
The FDIC, after meeting with several buyout pros last week, has agreed on and finalized its guidelines for private investment in Failed Insured Depository Institutions. The agency agreed to refine its prior guidelines pertaining to the description of the types of investors covered, the capital standard and clarifying the cross support obligation rules.
3 min read · 23 March 2010
BAML Capital Partners has acquired a majority stake in Provo Craft & Novelty Inc. Seller Sorenson Capital will retain a minority equity stake, as will company management. No financial terms were disclosed. Robert W. Baird & Co. served as advisor to Provo Craft.
3 min read · 23 March 2010
1 min read · 23 March 2010
Steve Mankoff and David Wroe have joined the strategic advisory board of Genstar Capital. Mankoff is the former senior VP of global and technical services at Siebel Systems, while Wroe was chairman and CEO of Agency Management Systems (now Vertafore).
3 min read · 23 March 2010
3 min read · 23 March 2010
Babson Capital Management has formed an eight-person private equity and mezzanine debt, focused on the Asia-Pacific region. Most of its emphasis will be on mid-market companies located in Australia and New Zealand.
3 min read · 23 March 2010
1 min read · 23 March 2010
